13F 申報指南13F 觀念全攻略
什麼是 SEC Form 13F 申報？美股機構大戶持股全攻略
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
AlphaSMO 權威研究指南閱讀專題
CIK: 0001048921
申報總市值
US$2.4億
US$2.4億
139 檔
22.5%
Mitchell Sinkler & Starr/pa 在 Q4 2025 季度的美股部位總計估值為 US$2.4億，分散於 139 個持倉標的之中，反映其市場參與廣度與投資規模。
從 Q4 2025 申報觀察，Mitchell Sinkler & Starr/pa 採取防禦導向的調倉策略，本季減碼 22 檔個股並出清 7 檔部位，顯示機構在該時期進行風險控制與流動性回收。
在資產配置集中度方面，Mitchell Sinkler & Starr/pa 的前 5 大核心持股（包含 MSFT, AAPL, NVDA 等）合計佔整體申報市值的 22.5%，反映機構在主要關鍵部位上的權重分佈。
| # | 代號 | 標的名稱 | 資產子類別 | 佔比 | 佔比變動 | 持倉量變化 | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | MSFT | Microsoft CORP | 股票-科技 | 5.65% | -0.36% | +0.41% | |
| 2 | AAPL | Apple Inc | 股票-科技 | 5.54% | -0.07% | -0.18% | |
| 3 | NVDA | Nvidia CORP | 股票-科技 | 4.81% | -0.04% | -4.36% | |
| 4 | VOO | Vanguard S&p 500 ETF | ETF-大型股與成長 | 4.57% | +0.83% | +9.04% | |
| 5 | SCHB | Schwab US Broad Market ETF | ETF-其他 | 3.88% | +0.14% | — | |
| 6 | GOOGL | Alphabet Inc-cl A | 股票-通訊服務 | 3.51% | +0.36% | -1.11% | |
| 7 | PG | Procter & Gamble Co/the | 股票-非循環性消費 | 3.44% | -0.33% | -0.86% | |
| 8 | VTI | Vanguard Total Stock Mkt ETF | ETF-其他 | 2.63% | +0.33% | -17.75% | |
| 9 | JNJ | Johnson & Johnson | 股票-醫療保健 | 2.02% | -0.13% | -1.00% | |
| 10 | MRK | Merck & Co. Inc. | 股票-醫療保健 | 2.01% | -0.08% | -5.54% | |
| 11 | AMZN | Amazon.com Inc | 股票-循環性消費 | 1.77% | +0.06% | -0.59% | |
| 12 | SPY | Ss Spdr S&p 500 ETF Trust-us | ETF-大型股與成長 | 1.68% | -0.13% | -0.55% | |
| 13 | JPM | Jpmorgan Chase & Co | 股票-金融 | 1.66% | — | -1.04% | |
| 14 | IWB | Ishares Russell 1000 ETF | ETF-其他 | 1.64% | +0.10% | +0.52% | |
| 15 | VGT | Vanguard Info Tech ETF | ETF-科技型 | 1.46% | +0.34% | +1.78% | |
| 16 | HD | Home Depot Inc | 股票-循環性消費 | 1.45% | -0.08% | -1.43% | |
| 17 | ABBV | Abbvie Inc | 股票-醫療保健 | 1.42% | +0.04% | +1.70% | |
| 18 | MA | Mastercard Inc - A | 股票-金融 | 1.38% | -0.07% | -1.85% | |
| 19 | META | Meta Platforms Inc-class A | 股票-通訊服務 | 1.38% | -0.13% | +6.93% | |
| 20 | ADP | Automatic Data Processing | 股票-科技 | 1.37% | +0.05% | -2.19% | |
| 21 | RTX | Rtx CORP | 股票-工業 | 1.37% | -0.16% | -6.83% | |
| 22 | ABT | Abbott Laboratories | 股票-醫療保健 | 1.26% | -0.21% | -0.80% | |
| 23 | XOM | Exxon Mobil CORP | 股票-能源 | 1.16% | -0.46% | +8.70% | |
| 24 | PEP | Pepsico Inc | 股票-非循環性消費 | 1.13% | -0.26% | -4.01% | |
| 25 | SCHD | Schwab US Dvd Equity ETF | ETF-其他 | 1.11% | -0.13% | -2.07% | |
| 26 | SPYG | Ss Spdr P S&p 500 Growth ETF | ETF-大型股與成長 | 1.10% | +0.08% | — | |
| 27 | AVGO | Broadcom Inc | 股票-科技 | 1.10% | +0.11% | +2.17% | |
| 28 | EMR | Emerson Electric Co | 股票-工業 | 1.05% | -0.01% | -0.74% | |
| 29 | LLY | Eli Lilly & Co | 股票-醫療保健 | 1.03% | +0.12% | -12.56% | |
| 30 | VB | Vanguard Small-cap ETF | ETF-其他 | 1.03% | +0.09% | -3.83% | |
| 31 | BRK-B | Berkshire Hathaway Inc-cl B | 股票-其他 | 1.01% | -0.06% | — | |
| 32 | SYK | Stryker CORP | 股票-醫療保健 | 1.01% | -0.14% | — | |
| 33 | RPM | Rpm International Inc | 股票-原物料 | 0.98% | -0.02% | +0.09% | |
| 34 | CINF | Cincinnati Financial CORP | 股票-金融 | 0.95% | +0.03% | — | |
| 35 | CVX | Chevron CORP | 股票-能源 | 0.91% | -0.33% | -9.53% | |
| 36 | WM | Waste Management Inc | 股票-工業 | 0.90% | -0.12% | -0.55% | |
| 37 | NEE | Nextera Energy Inc | 股票-公用事業 | 0.85% | -0.15% | — | |
| 38 | COST | Costco Wholesale CORP | 股票-非循環性消費 | 0.80% | -0.15% | -0.72% | |
| 39 | VO | Vanguard Mid-cap ETF | ETF-其他 | 0.75% | +0.06% | -7.45% | |
| 40 | V | Visa Inc-class A Shares | 股票-金融 | 0.72% | +0.02% | -1.09% | |
| 41 | ACN | Accenture plc | 股票-科技 | 0.61% | -0.26% | +4.88% | |
| 42 | ASML | ASML Holding N.V. | 股票-科技 | 0.58% | +0.24% | +0.93% | |
| 43 | GVI | Ishares Intermediate Governm | ETF-其他 | 0.55% | -0.06% | — | |
| 44 | GOOG | Alphabet Inc-cl C | 股票-通訊服務 | 0.54% | +0.03% | -5.89% | |
| 45 | SO | Southern Co/the | 股票-公用事業 | 0.53% | -0.06% | — | |
| 46 | WMT | Walmart Inc | 股票-非循環性消費 | 0.53% | -0.09% | -0.48% | |
| 47 | TSLA | Tesla Inc | 股票-循環性消費 | 0.53% | -0.01% | -1.18% | |
| 48 | TXN | Texas Instruments Inc | 股票-科技 | 0.52% | +0.22% | -1.10% | |
| 49 | ANET | Arista Networks Inc | 股票-科技 | 0.52% | +0.09% | — | |
| 50 | HON | Honeywell International Inc | 股票-工業 | 0.51% | -0.60% | EXIT |
| # | 代號 | 標的名稱 | 佔比變動 | 持倉量變化 | 異動類型 |
|---|---|---|---|---|---|
| 1 | GOOGL | Alphabet Inc-cl A | +0.8% | -1.11% | 減碼 |
| 2 | VOO | Vanguard S&p 500 ETF | +0.5% | +9.04% | 加碼 |
| 3 | AAPL | Apple Inc | +0.4% | -0.18% | 減碼 |
| 4 | MRK | Merck & Co. Inc. | +0.3% | -5.54% | 減碼 |
| 5 | LLY | Eli Lilly & Co | +0.2% | -12.56% | 減碼 |
| 6 | JNJ | Johnson & Johnson | +0.2% | -1.00% | 減碼 |
| 7 | XOM | Exxon Mobil CORP | +0.2% | +8.70% | 加碼 |
| 8 | ZTS | Zoetis Inc | +0.1% | +103.06% | 加碼 |
| 9 | GOOG | Alphabet Inc-cl C | +0.1% | -5.89% | 減碼 |
| 10 | SCHB | Schwab US Broad Market ETF | +0.1% | — | 不變 |
| 11 | AMZN | Amazon.com Inc | +0.1% | -0.59% | 減碼 |
| 12 | ISRG | Intuitive Surgical Inc | +0.1% | — | 不變 |
| 13 | ACN | Accenture plc | +0.1% | +4.88% | 加碼 |
| 14 | AVGO | Broadcom Inc | +0.1% | +2.17% | 加碼 |
| 15 | ASML | ASML Holding N.V. | +0.1% | +0.93% | 加碼 |
| 16 | NEE | Nextera Energy Inc | +0.1% | — | 不變 |
| 17 | MRVL | Marvell Technology Inc | +0.1% | +44.86% | 加碼 |
| 18 | GNRC | Generac Holdings Inc | 0% | — | 不變 |
| 19 | AJG | Arthur J Gallagher & Co | 0% | -1.68% | 減碼 |
| 20 | META | Meta Platforms Inc-class A | -0.1% | +6.93% | 加碼 |
| 21 | SYK | Stryker CORP | -0.1% | — | 不變 |
| 22 | SO | Southern Co/the | -0.1% | — | 不變 |
| 23 | BIL | Ss Spdr Bb 1-3m T-bill ETF | -0.1% | -12.14% | 減碼 |
| 24 | ANET | Arista Networks Inc | -0.1% | — | 不變 |
| 25 | NKE | Nike Inc -cl B | -0.1% | -1.68% | 減碼 |
| 26 | VO | Vanguard Mid-cap ETF | -0.1% | -7.45% | 減碼 |
| 27 | COST | Costco Wholesale CORP | -0.1% | -0.72% | 減碼 |
| 28 | KMB | Kimberly-clark CORP | -0.1% | -27.62% | 減碼 |
| 29 | ABT | Abbott Laboratories | -0.1% | -0.80% | 減碼 |
| 30 | CVX | Chevron CORP | -0.1% | -9.53% | 減碼 |
| 31 | RPM | Rpm International Inc | -0.1% | +0.09% | 加碼 |
| 32 | NVDA | Nvidia CORP | -0.2% | -4.36% | 減碼 |
| 33 | ORCL | Oracle CORP | -0.2% | -3.06% | 減碼 |
| 34 | ADP | Automatic Data Processing | -0.2% | -2.19% | 減碼 |
| 35 | DHI | Dr Horton Inc | -0.2% | -53.60% | 減碼 |
| 36 | HD | Home Depot Inc | -0.3% | -1.43% | 減碼 |
| 37 | PG | Procter & Gamble Co/the | -0.3% | -0.86% | 減碼 |
| 38 | MSFT | Microsoft CORP | -0.4% | +0.41% | 加碼 |
| 39 | VTI | Vanguard Total Stock Mkt ETF | -0.5% | -17.75% | 減碼 |
| 40 | UNH | Unitedhealth Group Inc | — | EXIT | 清倉 |
| 41 | ADBE | Adobe Inc | — | EXIT | 清倉 |
| 42 | PRU | Prudential Financial Inc | — | EXIT | 清倉 |
| 43 | UL | Unilever PLC | — | EXIT | 清倉 |
| 44 | UL | Unilever Plc-sponsored Adr | — | NEW | 新建倉 |
| 45 | FISV | Fiserv Inc | — | EXIT | 清倉 |
| 46 | SNX | TD Synnex CORP | — | NEW | 新建倉 |
| 47 | PAYX | Paychex Inc | — | EXIT | 清倉 |
| 48 | NVO | Novo-nordisk A/s-spons Adr | — | EXIT | 清倉 |
| 49 | ALB | Albemarle CORP | — | NEW | 新建倉 |
| 50 | CRM | Salesforce Inc | — | NEW | 新建倉 |
根據 SEC 官方 Form 13F 申報備案，Mitchell Sinkler & Starr/pa 在 Q4 2025 季度的美股持倉總市值約為 US$2.4億，共申報了 139 個公開持股部位。
在 Q4 2025 季度，Mitchell Sinkler & Starr/pa 按市值排列的前三大核心持股分別為：MSFT (5.7%)、AAPL (5.5%)、NVDA (4.8%)。其中最大持股部位 MSFT 佔據整體投資組合約 5.7% 的權重。
精選 AlphaSMO 大戶持股與內部人交易深度分析，提升投資決策勝率
完整解讀 Form 13F 申報規範、1 億美元門檻與 45 天延遲申報機制，學會如何追蹤頂級對沖基金與機構法人持倉動向。
本季最大新建倉標的
UL
市值: US$30.5萬
本季最大獲利了結 / 清倉標的
UNH
前期市值: US$47.2萬
在 Q4 2025 季度中，Mitchell Sinkler & Starr/pa 共進行了 43 項持倉異動，包含新建倉 4 個部位、加碼 10 個部位、減碼 22 個部位以及清倉 7 個部位。 其中最大新建倉標的為 UL。 本季清倉部位包含 UNH。
本頁面所有持股數據均直接同步自美國證券交易委員會（SEC）EDGAR 官方系統之 13F-HR / 13F-HR/A 季度申報文件。AlphaSMO 透過機器解析 CUSIP 與個股對照，提供 100% 精準對齊的歷史時序數據集，並支援 Schema.org 結構化資料格式。
解析公司高管、董事與 10% 大股東之 Form 4 內部人交易申報，掌握高管自家股票買賣第一手訊號。
深入剖析 5% 股益申報門檻、13D 與 13G 之差異，以及最新 SEC 申報時程規範，洞察機構法人的激進投資動向。